AGRI-BIZ & COMMODITIES
CLIMATE & WEATHER
Thunderstorms rule peninsular skies
Thiruvananthapuram, Nov 4 A pair of cyclonic circulations to the south and west of extreme south peninsula has woven together a string of thunderstorms that in turn has exploded in disparate flash rain events over the adjoining land. ...
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AQUACULTURE
Tuna fishing has bright prospects
More and more fishing trawlers are getting converted into tuna-tapping vessels as the prospects of tuna fishing in India have brightened with the international community turning to this country for the fish, which is in great demand in the US and ...
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TEA
Good demand pushes up Kochi tea
A good general demand resulted in the spurting of prices of almost all varieties at the Kochi tea auction. Of the quantity of 10 lakh kg on offer in the dust category, best and high priced CTCs were steady to firm. Good medium CTCs ...
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Coonoor tea prices up on low offer
Prices increased on an average Rs 3 a kg at sale No: 44 of the Coonoor Tea Trade Association (CTTA) held here on Friday and was competitive to absorb the low volume on offer. The volume of 11.53 lakh kg offered was the lowest of the last six ...
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TECHNICAL ANALYSIS
Gold may drop after testing resistance
COMEX gold futures ended higher on Friday on inflationary worries, surging crude oil prices and weakening dollar. Despite a strong US jobs report the dollar got battered due to credit worries and unreported losses and US financial firms. ...
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Cotton may consolidate, rise
New York cotton futures ended higher on Friday on trade and speculative buying helped by a sizzling rally in the grains complex. Rally in grains prices like wheat and corn would lead to a sharp fall in US cotton sowings in 2008. US cotton ...
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METALS
Capacity additions may pressure zinc prices
Production in 2008 expected to increase by 5 per cent
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FOODGRAINS
Maize prices firm amidst delivery hold-ups
There has been a surge in maize prices last week. The market yard prices went up by three per cent at Rs 6,600-6,650 per tonne over the previous week’s Rs 6,400-6,500 per tonne. According to the US Grains Market India reports, the ...
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COFFEE
Growing interest in course on coffee management
Can a graduate in electronics engineering set up and run a coffee shop? While the candidate’s basic qualification may not equip him or her for a career in the latter business, there is help at hand. Thanks to the Post Graduate ...
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SPICES & CONDIMENTS
Volatility hits pepper futures
Kochi, Nov 4 The pepper futures market during the week witnessed sharp fall in prices on bearish activities. Numerous buy and sell calls led to high volatility in the market, pushing the prices up and down, which has helped to push up ...
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Upward trend continues in cardamom
Kochi, Nov 4 Cardamom prices continued its upward swing on good buying support and squeeze in supply during the week at auctions held in Kerala and Tamil Nadu. At the auction held on Wednesday at Kumily by Cardamom Processing and ...
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EXPORTS & IMPORTS
Cotton outlook bright, exports apace
Mumbai, Nov 4 Even as the 2007-08 season is underway and the trade outlook is favourable to producers, cotton market participants have begun to examine the prospects for next year, that is 2008-09, planting for which would commence in ...
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OUTLOOK
Bunge plans selling edible oil in sachets
Mumbai, Nov. 4 Popular vanaspati-brand Dalda is set to drive the sachet revolution in the edible oils category. After the success of shampoos in sachets from other FMCG companies, Bunge India is taking this route to make its Dalda edible oils ...
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Will gold top $1,000?
Chennai, Nov. 4 Two years ago, when Newmont Mining Corp predicted that gold would touch $1,000 an ounce, there were not many takers. Nor were there many when a few others mirrored it in March last year. But this weekend, when gold prices ...
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Floods may lead to loss of 40 lakh tonnes of rice
Crop status in main contributing States seems to be good
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